Bank of Montreal Can Sells 107,259 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Bank of Montreal Can lessened its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 51.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 99,409 shares of the company’s stock after selling 107,259 shares during the period. Bank of Montreal Can owned 0.11% of iShares Core 1-5 Year USD Bond ETF worth $4,836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ISTB. Bank of New York Mellon Corp grew its holdings in iShares Core 1-5 Year USD Bond ETF by 19.2% during the 1st quarter. Bank of New York Mellon Corp now owns 236,800 shares of the company’s stock worth $11,449,000 after acquiring an additional 38,114 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 762.5% during the first quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock worth $33,000 after purchasing an additional 610 shares in the last quarter. Cable Hill Partners LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 13.1% during the first quarter. Cable Hill Partners LLC now owns 18,701 shares of the company’s stock valued at $909,000 after purchasing an additional 2,165 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.8% in the first quarter. Kestra Private Wealth Services LLC now owns 20,881 shares of the company’s stock valued at $1,010,000 after purchasing an additional 757 shares in the last quarter. Finally, J.W. Cole Advisors Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 8.3% in the 1st quarter. J.W. Cole Advisors Inc. now owns 32,905 shares of the company’s stock worth $1,591,000 after purchasing an additional 2,517 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB opened at $48.74 on Tuesday. The business’s fifty day moving average price is $48.83 and its two-hundred day moving average price is $48.57. The firm has a market capitalization of $4.63 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.57 and a 52 week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were issued a $0.172 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Monday, November 3rd.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.